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Hindalco defers Novelis' $945 mn US listing - The Economic Times

Hindalco Industries has postponed the proposed $945-million listing of Novelis Inc due to concerns about potentially below-premium valuations for the US subsidiary impacting the valuation of the Indian entity listed in Mumbai.

Mumbai
Maharashtra
India
Japan
Satyadeep-jain
Novelis-inc
Hindalco-industries
Aditya-birla-group
Ambit-capital
France-based-constellium

Novelis: Hindalco's US arm Novelis to list on NYSE in 2 weeks

Novelis on Tuesday launched a roadshow for its proposed initial public offering (IPO), where Indian parent Hindalco plans to sell 45 million shares, or a 7.5% stake, in the company at $18-21 per share.

Mumbai
Maharashtra
India
Morgan-stanley
Satyadeep-jain
York-stock-exchange
Novelis-inc
Aditya-birla-hindalco-industries
Exchange-commission
Capital-markets
Deutsche-bank-securities
Academy-securities

Proposed Novelis IPO is a booster dose for Hindalco

Proposed Novelis IPO is a booster dose for Hindalco
livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.

Satyadeep-jain
Prabhudas-lilladher
Aditya-birla

Is the cement sector overvalued? Here's what market experts say

Most analysts and fund managers Moneycontrol spoke to advised caution on the segment, adding, however, that there were pockets of opportunity .

Udaipur
Orissa
India
Mangalam
Tamil-nadu
Dalmia-bharat
Nirvi-ashar
Satyadeep-jain
Sumit-agarwal
Sreeram-ramdas
Uttam-kumar-srimal
Sanjay-moorjani

India's UltraTech to Acquire Kesoram's Cement Business for $645 Million

UltraTech Cement , a company based in India, has announced that it will acquire the cement business of Kesoram.

Karnataka
India
Sanghi
Haryana
Telangana
Andhra-pradesh
Satyadeep-jain
Gautam-adani
Kesoram-industries
Sanghi-industries
Ultratech-cement
Ambuja-cements

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